Shell takes investment decision on Malaysia-Brunei ultra-deepwater field development
UK supermajor Shell has taken the final investment decision on the phase four development of its Gumusut-Kakap-Geronggong-Jagus East deep-water development, with plans to develop two fields discovered in Bruneian waters through a tie-back to its existing Gumusut-Kakap production facilities offshore Sabah, East Malaysia.
Singapore and Brunei to boost cooperation in energy, green economy, food and medical supply resilience
Singapore and Brunei will deepen cooperation in the areas of energy, the green economy, and food and medical supply resilience, the Ministry of Trade and Industry (MTI) said on Wednesday (Aug 24).
Brunei to accelerate FinTech and green finance
Green finance and financial technology (FinTech) can transform the country’s economy and society at large, to be more inclusive, resilient and sustainable, said Deputy Minister of Finance and Economy Khairuddin Abdul Hamid (pic) at the Brunei Economy Programme held at Anggerek Desa Technology Park on Thursday (Aug 11).
Jokowi calls on Steinmeier to develop renewable energy potential
President Joko Widodo (Jokowi) invited the German Federation to participate in developing the potential of new and renewable energy in Indonesia. “I laud Germany’s support in strengthening climate change cooperation through the construction of the Green Infrastructure Initiative worth 2.5 billion euros, including the construction of the world mangrove center, which was just inaugurated a […]
Energy sector cited as key engine in Brunei’s economic growth
The ‘Energy Security and Energy Transition: Today and Tomorrow’ exhibition was officially launched on Wednesday (June 15), as part of a series of events for the Energy Week in conjunction with the Brunei Mid-Year Conference and Exhibition 2022 (Brunei MYCE) at the International Conference Centre (ICC) in Berakas.
Brunei’s Ministry of Energy abolished under Sultan Hassanal Bolkiah’s order
Brunei’s Sultan Hassanal Bolkiah gave an order to abolish the South-East Asian country’s Ministry of Energy, local media had reported. According to an official announcement on Radio Television Brunei, the country’s national public broadcaster and local daily newspaper Borneo Bulletin, the Sultan has commanded the abolishment of the Ministry of Energy and the formation of the […]
Towards a sustainable energy future
In line with aims and goals in energy efficiency, conservation and renewable energy, several initiatives and activities have been implemented in Brunei Darussalam. This was shared during a recent interview with officers from the Ministry of Energy (ME).
Brunei to ramp up hydrocarbon output after new oil discovery
BANDAR SERI BEGAWAN – Brunei plans to ramp up production in the upstream and downstream oil and gas sectors after discovering 42 million barrels of oil equivalent at an undisclosed location last year.
Economic woes continue to batter Brunei as oil output hits record low
Brunei’s crude oil production plunged to a record low in the third quarter of 2021 as the second COVID wave took a toll on the economy, which shrank for the fourth consecutive quarter. The Brunei economy sunk deeper into recession after posting a negative growth of 2.2 percent in Q3 2021, according to the Department […]
Brunei reaffirms commitment to climate action
The 26th Session of the United Nations (UN) Climate Change Conference (COP 26) continues in Glasgow, Scotland.